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What are the benefits of buying property in Istanbul

What are the benefits of buying property in Istanbul

The unique touristic character of Istanbul and the development it is witnessing in terms of infrastructure and huge real estate projects made it the focus of the world’s attention from Arabs and foreigners to come and invest in real estate, whether the goal is to benefit from the financial return of the property or to reside in a city Istanbul. 
We will mention here the most important benefits that you will get and enjoy when buying property in Istanbul.


Suitable real estate prices: 


Compared to real estate prices in other developed European countries such as Britain, France and Spain, real estate in Istanbul is considered the cheapest in value and with advantages that compete with those in other countries, and the diversity of real estate and its price range from very cheap to expensive provided great comfort and many options. to the investor. 


Exemption from inheritance taxes: 


Where the Turkish state exempted the children of the foreign deceased from inheritance taxes on the inherited property, unlike other European countries that impose taxes on inheriting property owned by a foreign person, which may reach 20% of the value of the property in a country such as Britain. 


Diversity of real estate investment methods: 


Where the property in the city of Istanbul provides a guaranteed opportunity for profit, whether by taking advantage of renting it during the tourist seasons or making modifications to it and reselling it at a higher price or also relying on it as a center for the practice of your work and your office and commercial activity. 


Low cost of living in Istanbul: 


Despite the charm and beauty of Istanbul, which is comparable to other European cities, its strong infrastructure and the availability of various services, the cost of living in it remains higher than other countries in terms of food, drink, water, gas, electricity, fuel and other basics of living . 


The promising future of the real estate market in Istanbul: 


In recent studies, the Turkish real estate market occupied an advanced position as the third strongest real estate market around the world behind both China and the United States of America, which indicates the impressive future that awaits the real estate market in Turkey in general and Istanbul in particular. 


Full ownership of the property: 


Whatever the type of property and no matter how many properties you own, you can dispose of and sell them whenever you want absolutely freely. 


Obtaining real estate residency: 


As by owning a property in Istanbul, you can obtain a real estate residence permit and renew it continuously as long as the property is still in your name. 


Obtaining Turkish citizenship by real estate investment: 


This is according to special conditions that require that the value of the property exceed 250 thousand US dollars, and when you obtain Turkish citizenship, you can obtain a Turkish passport as well. 


Ease of access to Istanbul: 


Istanbul has three international airports (Ataturk International Airport, Sabiha Gokcen International Airport, New Istanbul Airport) that provide international flights around the clock without stopping. 


The advanced transportation network: 


The areas and neighborhoods of Istanbul are linked to each other and to other cities of Turkey by an organized transportation network that makes transportation between them very easy by internal buses or metro..... 


The distinctive climate in Istanbul: 


Where Istanbul enjoys a wonderful climate in summer and winter free of heat waves, cold and storms, it is also characterized by a beautiful nature and charming views that give the soul comfort and tranquility away from the hustle and bustle of the city. 


Ancient Civilization: 


The civilization in Istanbul is not the result of recent decades, but rather dates back to hundreds of years, as different civilizations alternated between the Roman civilization and then the Ottoman civilization, which was followed by the establishment of the modern Turkish state, and this gave the city of Istanbul a great cultural diversity that reflected positively on the structure of Turkish society. 


Service facilities: 


The city of Istanbul contains a large number of different service facilities. Schools and universities were built that provided advanced science and made it accessible to everyone, and places of worship were established such as mosques and churches, and public parks were opened and many other different service facilities.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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